CodalSearch this book — or all of Codal…⌘K
nydus/On the Principles of Political Economy and TaxationPublic
Page 88 of 421
Table of Contents

CHAPTER V*.

page 106, it will be seen that if when wheat is at 4l. per quarter, wages should be 24l. per annum.

£ s. d.£ s. d.
When Wheat is at4 4 8wages would be24 14 0
4 10 025 10 0
4 16 026 8 0
5 2 1027 8 6

Now, of the unvarying fund of 720l. to be distributed between labourers and farmers,

£ s. d.£ s.£ s. d.
When the price of Wheat at4 0 0the labourer will receive240 0the former will receive480 0 0
4 4 8247 0473 0 0
4 10 8255 0465 0 0
4 16 8264 0456 0 0
5 2 8274 5445 15 12

And supposing that the original capital of the farmer was 3000l., the profits of his stock being in the first instance 480l., would be at the rate of 16 per cent. When his profits fell to 473l., they would be at the rate of 15.7 per cent.

88